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When cost systems were developed in the 1800's, most companies ______. Multiple select question. produced a small number of similar products focused on simplicity assigned overhead based on machine hours believed there was little correlation between labor hours and overhead

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Answer:

believed there was little correlation between labor hours and overhead

Explanation:

When cost systems were developed in the 1800's, most companies used a blanket overhead or a plant wide rate to allocate the overheads. They  believed there was little correlation between labor hours and overhead.

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